Archive
Enormous, Humongous April Trade Deficit Helped Cut Hiring
A trade deficit is a measure of the jobs sent out of the country. The April trade deficit was $37.4 billion. The economy only added 38,000 jobs in May while manufacturing lost 10,000 jobs.
Progressive Breakfast
Clinton Turns Up Volume Against Trump Clinton scorches Trump on foreign policy. NYT: "Speaking in a steady, modulated tone but lobbing some of the most fiery lines of her presidential campaign, Mrs. Clinton painted Mr. Trump as a reckless, childish and uninformed...
May Jobs Report: Ouch!
Startlingly low jobs growth of 38,000 in May, and reductions in previously reported figures for March and April, should warn the Federal Reserve not to raise interest rates. This economy isn't overheating, it's cooling off.
Trump University Shows Why For-Profit Motives Don't Belong In Education
Outrage over the Trump University documents should go beyond the scam itself to acknowledge the lesson of this fraud: Profit-making and education are a bad mix for all except the few who are able to bank the results.
President Obama Finally Gets It Right On Expanding Social Security
President Obama on Wednesday did a remarkable 180-degree turn on Social Security, and for the first time we can claim the president as an ally on expanding, not cutting, the program.
Making The Case For A Family-Friendly Economy
Economist Heather Boushey's new book, "Finding Time: The Economics of Work-Life Conflict," explains how progressives can make the case for government policies that can help families balance life and work.
Progressive Breakfast
Sanders Closes In Two point race in CA. W. Post: "The latest and most closely watched of the three 'live caller' polls .... was the Field Poll ... Clinton led Sanders by a 45-43 margin ... Polls this week from the Public Policy Institute of California and NBC...
The Fight Against Payday Loan Sharks Reaches A New Phase
The Consumer Financial Protection Bureau (CFPB) is releasing the first-ever proposed federal rules that rein in payday lenders. Grassroots pressure led to the rules; we'll need more pressure to fend off the industry attack.
Who Needs To Reach Higher For Higher Education?
Michele Obama on Friday may commend City College of New York graduates for their effort to "reach higher" in education. Let's hope she also tells policy leaders and public officials to reach higher to fund it.
Crooked Donald Trump
Donald Trump’s campaign strategy thus far is to paint Democratic candidate Hillary Clinton as “crooked,” but “Crooked Donald Trump” is far more accurate. A Trump presidency would be just another scam, like Trump University.
